The Gulf carrier Etihad has continued its foray into the European aviation market with the unveiling of an Airbus A320 in joint livery with Air Berlin at an event hosted by both Wolfgang Prock-Schauer, CEO of Air Berlin and it’s Vice Chairman, James Hogan, also President of Etihad.

Last year Etihad notably purchased a 49% stake in Air Serbia, formerly known as Jat airlines, and has announced plans to further strengthen its European presence with the purchase of a one third stake in Darwin, which will become Etihad Regional. However, Hogan was circumspect regarding recent reports that Etihad would also soon be announcing an investment in the ailing Alitalia, stating the importance of due diligence and the formation of,  “a clear plan to move to profitability.”

Clearing recent speculation regarding European carriers LOT Polish Airlines and the Latvian Air Baltic, Hogan stated there were no plans to invest in either.